Is Memphis or New York more affordable?
Memphis has a median rent of $950/month, while New York is -$666,666,666/month. New York is more affordable for renters.
City comparison
Memphis, TN vs New York, NY
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Memphis and New York.
3
Memphis wins
of 5 metrics
tracked
2
New York wins
TN
Memphis
vs
NY
New York
Overview
633,104
Population
353
$41,228
Median Income
+158.1%$106,420✓
Cost of Living
$950
Median Rent / mo
-70175538.5%-$666,666,666✓
$155,000✓
Median Home Price
+2.5%$158,900
28%
Rent-to-Income %
-7517384%
Taxes
None✓
State Income Tax
10.90%
9.75%
Local Tax Rate
0.00%
Climate & Weather
70°F
Avg High Temp
46.99°F
49°F
Avg Low Temp
42.17°F
214 days✓
Sunny Days / Year
N/A
54"
Annual Rainfall
N/A
Who should choose
Memphis, TN
Memphis is a city in Tennessee with a population of 633,104.
Read full Memphis guide →Who should choose
New York, NY
New York is a city in New York with a population of 353.
Read full New York guide →Memphis vs New York — Common Questions
Which city has lower taxes — Memphis or New York?
Tennessee has no state income tax. New York has a 10.90% state income tax. Memphis wins on state income tax.
What is the weather difference between Memphis and New York?
Memphis gets 214 sunny days/year. Avg high in Memphis: 70°F. Avg high in New York: 46.99°F
Which city is better for families — Memphis or New York?
Memphis. New York. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
More city comparisons
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.